FangDa Carbon New Material Co., Ltd.SSE: 600516

(600516)"Fangda Carbon New Material Co., Ltd."Announcement on Progress of Reduction of Repurchased Shares through Call Auction

· Issued by FangDa Carbon New Material Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600516 · · 4 pages · Chinese

Summary by 6ix AI

FangDa Carbon New Material Co., Ltd. has announced the progress of its share repurchase reduction plan through call auction. The company has repurchased a significant number of shares and is now in the process of reducing these holdings. As of the end of September, the company has sold a portion of the repurchased shares, with details on the number and price range provided. The announcement includes risk warnings related to the share reduction plan and its potential impact on company control.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/600516fangda-carbon-new-material-co-ltdannouncement-on-progress-of-reduction-of-repurchased-shares-through-call-auction

Release

Announcement on Progress of Reduction of Repurchased Shares through Call Auction

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Link of Full Text for Reference:

FangDa Carbon New Material Co., Ltd. on 6ix

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